The Main Responsibilities of CNCRC


1. To manage the purchase, sale, storage, transportation, importation and exportation according to the state's plans and instructions.

2. To ensure the safety of the cotton reserve; to rotate the cotton reserve timely so as to protect its quality; to undertake the storage administration and statistics of the cotton reserve; to set up the state cotton reserve account system and keep the account tally with reality.

3. To put forward proposals on establishing a highly efficient management and operation mechanism of the state cotton reserve in order to enhance the effective role of the state cotton reserve in the macro-regulating of Chinese cotton market; to promote the corporate profits.

4. To carry out the construction, maintenance and management of all cotton warehouses to increase the storage capacity and efficiency; to research, develop and spread advanced technology so as to enhance the cotton storage and transportation.


5. To manage, appropriate the government subsidy for the state cotton reserve; to strengthen the financial management to cut down the operation cost.

6. To manage the state assets utilized by CNCRC and guarantee its value to be stable and increase.

7. To deepen the corporate reform according to the modern corporate system; to promote restructuring of operation mechanism; to strengthen the management and enhance the competence of all employees

8. To undertake other commissions from the State Council.